Uncategorized Archives - Page 97 of 252

TuesdayJun 30, 2020 11:14 am

SinglePoint Inc. (SING) Initiatives in Hemp, Residential Solar Driving Record Sales Growth Despite Uncertain Economic Landscape

SING’s 1606 Hemp subsidiary achieved 133% increase in quarterly sales growth Product marketing and content strategy grew 1606 Hemp social media presence to 20,000 followers, boosting online sales SING achieved 300% increase in Q1 revenue and gross profit with majority coming from subsidiary Direct Solar Despite unusual events creating an uncertain economic landscape, 2020 is proving to be a successful year so far for SinglePoint (OTCQB: SING), a diversified holdings company with operations in several high-performance market sectors. With impressive results coming from both their 1606 Hemp and Direct Solar subsidiaries, SING continues to successfully propel its business model forward…

WednesdayJun 17, 2020 12:12 pm

Pure Extracts Corp. is “One to Watch”

Pure Extracts is the development leader in the Canadian cannabis extract segment, which is valued by Deloitte at $2.7 billion annually. The Company is positioned to be the dominant extraction company and a leader in the rapid development and commercialization of functional and medicinal psychedelic products. The psychedelic and functional mushroom industries are among the fastest growing in North America, with the global medicinal mushroom market expected to grow by $13.88 billion annually by 2024. Growing societal awareness and acceptance of mental illness as a legitimate disease have served as catalysts for a new search for innovative treatments and, as…

TuesdayJun 16, 2020 1:54 pm

Sugarmade Inc. (SGMD) Reports Record Growth, Anticipate Continued Robust Numbers

Company announced its BudCars Cannabis Delivery Service racked up 58% month over month sales growth SGMD CEO notes that “we believe our daily sales in the LA area could triple that figure relatively quickly” In addition to impressive sales figures, Sugarmade maintained extremely strong supplier relationships Sugarmade (OTCQB: SGMD), an early pioneer within California’s regulated cannabis industry, has seen record-breaking sales numbers with its latest cannabis venture: Budcars Cannabis Delivery Service. In a recent announcement, SGMD reported 58% month over month sales growth for the Sacramento-based subsidiary, which is slated to expand into the Los Angeles area this summer (http://cnw.fm/2DzuN).…

TuesdayJun 16, 2020 11:29 am

Plus Products Inc. (CSE: PLUS) (OTCQX: PLPRF) Q1 2020 Financials Reveal Company’s Overall Health, Showing Net Revenue, Gross Profit Increases

PLUS sees million-dollar increases in net revenues, gross profits; significant improvements in operating costs and cash balance. Q1 financial results paint picture of healthy company. Launch of PLUS CBDRelief brand marks company’s entrance into wellness, relief space of cannabis adult-use market. Plus Products (CSE: PLUS) (OTCQX: PLPRF), a U.S. cannabis-branded products company, announced its first-quarter financial results (http://cnw.fm/s19nX). The unaudited financial and operational results, reported for the three months ending March 31, 2020, noted an increase in net revenues and gross profits, with an improvement in operating costs and a multimillion-dollar cash balance. “The start of this year came with…

FridayJun 12, 2020 12:48 pm

SinglePoint Inc. (SING) Thriving While Many Struggle to Survive, Reporting Record Revenues, Impressive Profits

SinglePoint Inc. reported Q12020 financial results with revenue increase of 309% to $1,075,222 Solar subsidiary Direct Solar America was key driver for sales with company amassing record pipeline of solar bookings SinglePoint’s Hemp cigarette brand, 1606 Original Hemp, witnessed skyrocketing sales, with revenues rising 133% QoQ in Q1 2020 Along with strong operational results, the company is taking steps to strengthen balance sheet In this largely turbulent time for global markets, strategic thinking is necessary for survival. SinglePoint (OTCQB: SING), a publicly traded company dedicated to acquiring businesses focused on emerging technologies, recently published its quarterly financials for the period…

TuesdayJun 09, 2020 11:03 am

SinglePoint Inc. (SING) Surpasses $1 Million in Q1 Revenue, Reaping Significant Rewards from Pivoting Strategy During Economic Crisis

SING surpasses $1 million in Q1 revenue through new online strategy for subsidiary Direct Solar 1606 Hemp social media strategy grew followers from 100 to over 20,000 with direct increase in online sales 1606 Hemp physical distribution increased to over 400 stores within several months With a combination of perseverance and flexibility, management at SinglePoint (OTCQB: SING) led the company to increased growth surpassing $1 million in Q1 revenue as a result of its ability to strategically pivot in this challenging economic environment. As a diversified holdings company with operations in several high-performing market sectors, SING is well positioned to…

MondayJun 08, 2020 11:24 am

Singlepoint Inc.’s (SING) 1606 Original Hemp Cigarettes See Record Sales Rise

SinglePoint Inc. announced that its range of pre-rolled hemp cigarettes, 1606 Hemp Direct, saw revenues growth by 133% quarter-on-quarter CBD-infused cigarettes target smokers looking for smoother alternative to tobacco, with CBD-infused product market set to reach $23.7 billion by 2023 1606 Hemp Direct cigarettes currently sold by network of 400 retailers across 19 states, with the company seeking to expand its number of vendors in near future SinglePoint forecast that its 1606 Hemp product could generate between $2.75 million - $5.5 million in annual revenues per 1,000 stores As public opinion of nicotine cigarettes continues to sour with each increasingly…

ThursdayMay 21, 2020 12:16 pm

Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Expands into US Through Acquisition of Leading Ketamine Center

SHRM announces recent acquisition of California-based Ketamine Wellness Clinic of Orange County Inc. CEO calls acquisition major milestone as company accelerates vision of establishing sizable footprint of integrated ketamine clinics Center is recognized leader in ketamine infusion therapy, research and complementary treatment protocols With the announcement of its recent acquisition of the Ketamine Wellness Clinic of Orange County Inc., Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) is taking steps to expand into the United States (http://cnw.fm/Co2aK). The wellness clinic owns and operates a state-of-the-art ketamine infusion treatment center located within the Mission Hospital’s Laguna Beach campus. “We are thrilled…

WednesdayMay 20, 2020 12:57 pm

Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496) Announces Appointment of New CEO, Board Member

SHRM appoints top depression researcher as new chief executive officer McIntyre established Canada’s first-ever center to provide rapid-onset treatments for individuals with mood disorders Champignon also announces appointment of new board member Champignon Brands Inc. (CSE: SHRM) (OTC: SHRMF) (FWB: 496), a Canada-based company dedicated applying novel and natural treatment protocols with an emphasis on psychedelic medicine, has appointed one of the world’s top researchers on depression as its new chief executive officer (http://cnw.fm/wB5zy). In his new role, Dr. Roger McIntyre brings impressive experience in the ketamine and psychedelic medicine space, a key focus area for Champignon. “My overarching aim as…

TuesdayMay 19, 2020 12:33 pm

How COVID-19 Has Drastically Changed U.S Cannabis Smoking Pattern

The coronavirus pandemic started in Wuhan, China last December 2019. It happened so fast that we barely even realized we’re already 5 months in lockdown. The impact of coronavirus has a way of affecting not just the economy but our personality as well. Behavioral science and the history of previous global pandemics even suggest that COVID-19 will transform our perception in life forever. To understand the impact deeper, AmericanMarijuana.org conducted a survey involving 1,017 American cannabis consumers asking how COVID-19 changed their weed-smoking habits and how their families and friends feel about their habit these days. Does Smoking Make Weed-Smokers…